The Effect of Talent Agency On The Economy

The Effect of Talent Agency On The Economy
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When talking to someone who was previously working for a talent agency, it became clear that most individuals have no clue of what a talent agent does or the significance of having a talent agency. The Dictionary.com elucidates a talent agent as one representing performers. This is a vague explanation, as it does not give a clear understanding. If one looks up the meaning of an agent, it is a business or person with the authority to act on a different person`s behalf. This is much closer to unfolding what an agent actually does (Ronquillo, 2010). As a talent agent, one has two main functions: to bargain for contracts, and to for solicit clients on behalf of the talent. The talent agent is paid on a commission basis. By a quick scan through this document, one will understand the effects of talent agencies to the economy.
Though the impact of the talent agency is petite, it does not harm to establish some of these effects. First, by providing the market with the necessary talent, the agency saves the client the time and mone...